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Wednesday, May 1, 2024

Cost of college went down for all students at the Taylor Business Institute

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Tuition and fees fell 1 percent for 2018-19 at the Taylor Business Institute, according to recent data from the U.S. Department of Education.

Illinois students paid $14,325 to attend the two-year private for-profit institution this year – $3,150 more than the $11,175 charged for 2017-18.

Data shows 21 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 6 students received grants or scholarships totaling $44,520 and 5 students took out student loans totaling more than $7,395.

Including all undergraduates (115), 38 students used grants or scholarships totaling $281,960, and 32 students took out $47,337 in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~108$14,175$14,175$11,175$14,3251.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Taylor Business Institute in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants621%$44,520$7,420
State / local grant or scholarship00%$0-
Institutional grants or scholarships00%$0-
Grant or scholarship aid total621%$44,520$7,420
Federal student loans517%$7,395$1,479
Other student loans00%$0-
Student loan aid517%$7,395$1,479
Total student aid621%--

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